Oil unlikely to ever be fully exploited because of climate concerns –BP
by Damian Carrington from on (#QBRK)
Concerns about climate change and carbon emissions means world's remaining oil resources are not likely to be exhausted, says BP's chief economist
The world's oil resources are unlikely to ever be fully exploited, BP has admitted, due to international concern about climate change.
The statement, by the group's chief economist, is the clearest acknowledgement yet by a major fossil fuel company that some coal, oil and gas will have to remain in the ground if dangerous global warming is to be avoided.
